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Penny Stocks Volume Watch: (OTC Pink: MJNA), (OTCQB: AAMRQ)

New York, NY -- (ReleaseWire) -- 02/15/2013 --Medical Marijuana Inc. (OTC Pink: MJNA) is trading in the range of $0.34 and $0.43 in its current trading session. The stock recorded the volume of 33.426 million shares so far, in comparison its average daily trading volume of 13.602 million shares. The stock opened at $0.43 and is currently at $0.34, down 22.95 percent from its previous close of $0.44. Medical Marijuana has its first resistance level at $0.54 while it faces the support at $0.29. If the stock breaches this level, it may go touch $0.16.

Medical Marijuana deals in industrial and medical marijuana. The company is based out of San Diego.

AMR Corporation (OTCQB: AAMRQ) shows bullish trend as the stock made sharp movement in its latest trading session. It opened the session at $2.15 and remained in $2.14 and $2.30 price range during the session. The stock is 6.13 percent higher at $2.25. AMR Corporation’s first support level is at $1.82. Upon breaching this level, the stock may touch $1.60. On the upside, its first resistance level is at $2.45.

AMR Corporation is up on the news of its merger with US Airways. The merged entity is expected to be worth over $11 billion.

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Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.